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28 Nov 16
Diverse systems, narrow focus and a lack of capacity or experience are some of the key challenges in developing financial management and harmonised accounting standards highlighted by speakers at the...
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25 Nov 16
CIPFA has awarded EY’s IPSAS lead Thomas Müller-Marqués Berger honorary membership to celebrate his “outstanding” contribution to raising the standards of global public financial management.
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24 Nov 16
CIPFA has launched an updated, interactive version of its whole system approach framework at its international seminar event in Luxembourg today.
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24 Nov 16
Watch CIPFA’s International Seminar from Luxembourg live from 2pm CET today. Speakers at today’s sessions include CIPFA International chair Ian Ball, former US comptroller general David...
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22 Nov 16
European Union spending on climate change may fall short of target, with a lacklustre effort to channel funds towards climate action throwing spending off schedule, auditors have found.
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21 Nov 16
Performance budgeting can be a useful tool if employed well, researchers have found, although doing this is complex, time consuming and may require a change of mindset.
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17 Nov 16
The economy of Brazil is emerging from recession but its recovery remains weak and will be gradual, according to the International Monetary Fund.
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15 Nov 16
The International Monetary Fund has lifted a number of sanctions imposed on Zimbabwe for its unpaid arrears to the fund, although the cash-strapped country will still be unable to access new lending...
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14 Nov 16
Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.
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14 Nov 16
Plans to increase the size of the fund underpinning the EU’s so-called Juncker Plan by €12bn are premature and not supported by evidence, the European Court of Auditors has argued.
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11 Nov 16
CIPFA has signed two Memorandums of Understanding to secure partnerships with other organisations that can help support stronger public financial management around the world.
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11 Nov 16
PEFA has been supporting effective PFM reform since 2005. After the launch of its upgraded framework earlier this year, where next for the world’s principal method of assessing PFM performance?
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8 Nov 16
Brazil’s federal government has frozen the accounts of the financially imperilled state of Rio de Janeiro and ordered it to repay millions of dollars in arrears.
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8 Nov 16
Morocco has invested $100m in World Bank green bonds.
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4 Nov 16
India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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1 Nov 16
Tanzania remains on track for 7% growth in 2016, according to a review by the International Monetary Fund, but the slow pace of a public sector reform programme could pose a risk to the economy.
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26 Oct 16
Indonesia can expect GDP growth of 5.1% this year, thanks in part to its improved fiscal management, the World Bank has said.
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24 Oct 16
The fall in the value of the pound has created a hole in the EU’s budget for next year, according to the chief negotiator from the European Parliament.
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24 Oct 16
Zimbabwe has cleared its $108m arrears with the International Monetary Fund after 15 years.
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29 Sep 16
Most governments are falling short of good practice in public-private partnerships, the World Bank has found.
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29 Sep 16
MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
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29 Sep 16
Building staff capability and capacity globally will be key if countries are to adopt accruals-based accounts that comply with international standards
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27 Sep 16
The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
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27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.